HOW TO REDUCE TRAVEL COSTS IN A BUSINESS

1. Avoid Emergency Bookings

Emergency flight & hotel bookings can be costly. Look at the screenshots below.

I tried looking for a one-way flight from New York to London for 19th November 2018. The best price that popped up was $ 235.

Whereas, when I changed the travel date to 23rd January 2019, the price dropped to $ 158. That’s a massive difference of 33%!.

This happens because flight companies generally follow the ‘flexible pricing’ model. That pricing model helps airlines companies to arrive at pricing based on various demand factors like seat availability.

Needless to say, the closer the travel date, the more demand. And, the more demand, the more will be the price.

Using Travelation, when I searched for a New York to London flight for 23rd January 2019, a first price that showed was $ 133!. That’s kind of 20% lower than the average ticket price shown on the airline websites.

Using such marketplaces, you can book flights, hotels & cabs at the cheapest prices possible.

Apart from price benefit, travel marketplaces also provide the following benefits:

Exclusive discount coupons

Easy & quick processing of refunds

Intuitive booking experience

An extra layer of customer support

Holistic tour packages

Best of all, the travel marketplaces serve as a single platform to all your travel needs. Whether you need to book a flight, hotel, cab or cruises, they have a solution for each of them.

4. Use A Travel Management App

Travel management apps help you to better plan your travel. And, as you must know, better planning means savings in cost.